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Cheap Apartments for Rent in Germantown, TN

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  • Apartments Under $600 Apartments Under $700 Apartments Under $800 Apartments Under $900 Apartments Under $1,000 Apartments Under $1,300

  • Apartments Under $600

  • New Units Available 96 units available
    1 bd $550+
    2 bd $850+
    3 bd $875+
    Base rent
    Verified Listing

    Cedar Mill Apartments & Townhomes

    4.0 (25)
    3505 S. Mendenhall Rd, Memphis, TN 38115
    Apply online • Pet friendly

  • Apartments Under $700

  • New Units Available 28 units available
    1 bd $648+
    2 bd $738+
    3 bd $1,059+
    Total monthly cost
    Verified Listing

    The Summit Apartments

    4.5 (43)
    4981 Hidden Lake Drive, Memphis, TN 38128
    Apply online • Pet friendly • Parking

  • Apartments Under $800

  • New Units Available 13 units available
    1 bd $750
    2 bd $850+
    Base rent
    Verified Listing

    Lakes At Ridgeway

    5995 Waterstone Oak Way, Memphis, TN 38115
    Apply online • Pet friendly • Dishwasher

  • Apartments Under $900

  • 2 bd $825+
    Base rent
    Verified Listing

    Cedarwood Apartments

    5.0 (2)
    2880 Beverly Hill Street, Memphis, TN 38128
    Pet friendly • Dishwasher • Patio/Balcony
  • 7 units available
    Studio $896+
    1 bd $925+
    Base rent
    Verified Listing

    The Courts Midtown

    4.0 (4)
    1391 Court Avenue, Memphis, TN 38104
    Apply online • Pet friendly • Dishwasher

  • More Rentals Near Germantown, TN

  • Apartments Under $1,000

  • 4 units available
    1 bd $910
    2 bd $1,112
    Base rent
    Verified Listing

    The Brooklyn Memphis

    5.0 (2)
    3094 Autumnwood Avenue, Memphis, TN 38115
    Apply online • Pet friendly
  • Rent specials New Units Available
    1 bd $910
    2 bd $1,075
    Base rent
    Verified Listing

    The Bowery

    4.5 (6)
    6332 Village Grove Dr, Memphis, TN 38115
    Apply online • Pet friendly

  • More Rentals Near Germantown, TN

  • Apartments Under $1,300

  • New Units Available 20 units available
    1 bd $1,210+
    2 bd $1,404+
    3 bd $1,652+
    Total monthly cost
    Verified Listing

    Legacy Farm

    4.5 (40)
    1130 Legacy Farm Court, Collierville, TN 38017
    Apply online • Pet friendly • Parking
  • Rent specials New Units Available
    1 bd $1,222+
    2 bd $1,551+
    3 bd $2,135+
    Total monthly cost
    Verified Listing

    The Vineyards

    5.0 (1)
    7109 Vineyard Way, Germantown, TN 38138
    Apply online • Pet friendly • Parking

  • More Rentals Near Germantown, TN

  • Rent specials New Units Available
    1 bd $1,335+
    2 bd $1,668+
    3 bd $2,025+
    Total monthly cost
    Verified Listing

    The Grove Germantown Apartments

    4.5 (7)
    7865 Grove Ct W, Germantown, TN 38138
    Apply online • Pet friendly • Fitness center
  • 4 units available
    Ask for pricing
    Income restricted
    Verified Listing

    Lamar Crossing

    2881 Lamar Avenue, Memphis, TN 38114
    Apply online • Pet friendly • In unit laundry

  • More Rentals Near Germantown, TN

  • 2-9-city

Frequently asked questions

What is the price of a cheap apartment in Germantown, TN?

The price range of a cheap apartment is between $1,223 and $5,485.

How many cheap rentals are available in Germantown, TN on RentCafe?

There are 14 cheap rentals available on RentCafe. Prices and availability in Germantown, TN were last updated on 3 Oct 2026.

What is the average size of a cheap apartment in Germantown, TN?

The average Germantown, TN cheap apartment size is 1,180 sq. ft.

What are the advantages of renting a cheap apartment in Germantown, TN?

Cheap apartments in Germantown, TN are usually less expensive, smaller, and easier to maintain. They also come with lower utility costs.

What are the downsides of renting a cheap apartment in Germantown, TN?

A cheap apartment in Germantown, TN offers little storage space and fewer amenities compared to other apartments.

Looking for a cheap apartment for rent in Germantown, TN? With RentCafe, finding an affordable apartment in Germantown, TN has never been easier. We feature 227 low-priced rentals directly from property managers, with rents lower than the Germantown, TN average. What is a cheap rent in Germantown, TN? The average apartment rent in Germantown is $1,941 per month so any rental south of $1,552 would be considered cheap here. On RentCafe, Germantown, TN rents go as low as $550/mo.